GBP/JPY Forecast: GBP Probes Higher Against Yen
The British pound has shot higher during the course of the trading session on Thursday, as we continue to see a lot of upward momentum.
DAX Forex Signal: Continues to Fall
The DAX fell significantly during the course of the trading session on Thursday, as went now looks like we are threatening the 50-Day EMA indicator.
Crude Oil Forecast: Continues to Chop Back and Forth
The crude oil markets have been very noisy over the last several days, and at this point in time it’s obvious to me that the market is going to continue to search for some type of stability.
AUD/USD Forecast: Aussie Dollar Continues to See Momentum
The Aussie dollar rallied significantly during the early hours on Thursday, and it looks like we are going to continue to see a lot of volatility.
GBP/USD Forecast: USD Strength, GBP Weakness
The British pound initially rally during the trading session on Thursday but seems to be looking at the 1.25 level as a major barrier that’s all but impossible to stay above for any significant amount of time.